The National Bank of Ukraine increased its key policy rate to 15.5% per annum, effective 7 March 2025. The decision aims to curb inflation, support hryvnia savings, and maintain currency market stability.
Impact on business:
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Cost of financing: borrowing costs may rise, affecting business loan expenses.
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Cash flow management: companies may adjust deposit strategies and expense planning.
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Hryvnia savings: higher rates increase the attractiveness of hryvnia instruments for businesses and individuals.
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Financial stability: inflation control and support for hryvnia instruments contribute to more predictable prices for goods and services.
The NBU has also adjusted interest rate policy parameters to encourage longer-term deposits. The regulator remains ready to take additional monetary measures if inflationary or geopolitical risks intensify.
